1600 N Arrowhead Avenue, San Bernardino, CA 92405

About this property

RECONFIGURE, RENOVATE & CASH FLOW QUICKLY. Located in a designated CA Opportunity Zone, the ±11,305 SF existing mid-century modern office building has been rezoned, and comes with city approved zoning overlay to convert the existing structure into a Fifteen (15) unit multifamily investment. This unique opportunity is the perfect investment for value-add buyers who want to capitalize on the tax benefits of the CA Opportunity Zone -- Can be purchased with 1595 N. Arrowhead Ave (Across street).

Listing description from the May 2019 sale, as reported to CRMLS.

Sale history

$800,000

Sold May 2019 · listed $899,000, on market March 2019 · MLS #OC19056972 · Source: CRMLS

Listing Agent: Steve Heimuli · Listing Office: Lee & Asso.Realty Grp Npt Bch · Contact: 949-724-1000 · Bought with: Christopher Savare · Active Realty

$300,000

Sold October 2017 · listed $450,000, orig. $525,000, on market April 2017 · MLS #EV17075284 · Source: CRMLS

Listing Agent: CHARLES OBICHANG · Listing Office: KELLER WILLIAMS REALTY · Contact: 909-793-2100 · Bought with: CHARLES OBICHANG · KELLER WILLIAMS REALTY

$435,000

Sold May 2016 · listed $450,000, on market February 2016 · MLS #CV16037160 · Source: CRMLS

Listing Agent: TINAMARIE MORENO · Listing Office: REALTY MASTERS & ASSOCIATES · Contact: 800-676-4657 · Bought with: RAMON ACERETO · EXECUTOR REAL ESTATE

Explore San Bernardino